debt
confidence high
sentiment neutral
materiality 0.55
MasTec issues $550M of 5.900% senior notes due 2029
MASTEC INC
- Issued $550M aggregate principal amount of 5.900% senior unsecured notes due June 15, 2029.
- Interest payable semi-annually on June 15 and December 15, starting December 15, 2024.
- Notes are unsecured, not guaranteed by subsidiaries, structurally subordinated to secured debt.
- Company may redeem notes in whole or in part at specified redemption prices.